how do you pay yourself in LLC - TechRepublic
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August 21, 2004 at 02:23 PM
freddy2k1

how do you pay yourself in LLC

by freddy2k1 . Updated 21 years, 10 months ago

i have recently set up my LLC in Ohio and got bombarded with paperwork from the local and state and feds. I would like to hear what other self employed tech consultants do as far as paying yourself. Do you cut a regular check and take out taxes regularly – and if you do, what about when cash flow is short for a month or two?
Accountant says “pay yourself whatever you want” but does that mean drafts, disbursements, quarterly taxed checks? Any advice appreciated.

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